Shares of NextGen Acquisition Corp. II (OTCMKTS:NGCAU – Get Free Report) dropped 5.4% during trading on Monday . The company traded as low as $9.46 and last traded at $9.46. Approximately 2,000 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 99,471 shares. The stock had previously closed at $10.00.
NextGen Acquisition Corp. II Price Performance
The stock has a 50 day moving average of $9.46 and a 200 day moving average of $9.46.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in NextGen Acquisition Corp. II stock. Ancora Advisors LLC purchased a new stake in NextGen Acquisition Corp. II (OTCMKTS:NGCAU – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 30,410 shares of the company’s stock, valued at approximately $301,000.
About NextGen Acquisition Corp. II
NextGen Acquisition Corp. II focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in Boca Raton, Florida.
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